VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Reaches New 52-Week High – Still a Buy?

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $73.82 and last traded at $73.4290, with a volume of 1160 shares traded. The stock had previously closed at $72.88.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.7%

The company’s 50 day moving average is $68.31 and its 200 day moving average is $66.74. The company has a market cap of $759.72 million, a PE ratio of -1,460.08 and a beta of 0.61.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were paid a dividend of $0.1362 per share. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.03. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, February 9th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,479.37%.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. TIAA Trust National Association purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the second quarter valued at $227,000. Russell Investments Group Ltd. bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter worth about $703,000. Western Wealth Management LLC purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at about $845,000. Zions Bancorporation National Association UT bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $949,000. Finally, Strategic Blueprint LLC raised its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% in the 2nd quarter. Strategic Blueprint LLC now owns 54,597 shares of the company’s stock valued at $3,478,000 after purchasing an additional 531 shares in the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

The VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 high-yield stocks pulled from the largest 500 US stocks, with an earnings screen and volatility weighting. CDC was launched on Jul 2, 2014 and is managed by VictoryShares.